
Sarasota area real estate displayed a bit of an oddity in December, 2016 but at the same time, a positive for those considering buying a home or condo here during the winter months up North. There was a big increase in condominium and townhome sales in both Sarasota and Manatee County compared to December 2015. Sarasota County saw a 12.5% increase while Manatee County saw a 7.8% increase. On the other hand, single-family sale closings were down from the rate in December last year. Sarasota County single-family home sales dropped by 6.1%, while Manatee experienced an 8.2% decrease.
While real estate sales were posting mixed results as 2016 ended, we also saw a significant increase in the inventory of homes and condos available for sale in both…